YOLFTbeta
Enphase Energy, Inc.

Enphase Energy, Inc.

E0P · XETRA · Technology / Solar

23.52EUR-1.32 (-5.31%)

Price History

Full chart

Market Stats

Previous Close24.84
Open24.37
Day Range23.25 – 24.61
52-Week Range24.51 – 62.76
Volume4.88K
Market Cap3.94B
P/E (TTM)33.46
Forward P/E14.71
EPS0.89
Dividend Yield0.00%
Beta1.64
50-Day Avg32.00
200-Day Avg35.84

About

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ PowerPack 1500 and related accessories; IQ Combiner, IQ Gateway, and IQ Energy Router; cloud-based monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, installation and solar appointment generation services, and Enphase Care services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.

Company Details

  • SectorTechnology
  • IndustrySolar
  • CEOMr. Badrinarayanan Kothandaraman
  • Employees2.87K
  • Headquarters47281 Bayside Parkway, Fremont, CA, United States, 94538, Germany
  • Websitehttps://www.enphase.com

Leadership

  • Mr. Badrinarayanan KothandaramanPresident, CEO & Director · b. 1973
  • Ms. Mandy Yang CPAEVP & CFO · b. 1976
  • Mr. Martin FornageCo-Founder · b. 1964
  • Mr. Raghuveer R. BelurSVP, Co-founder & Chief Products Officer · b. 1968
  • Mr. Ron SwensonSenior VP of Operations & VP of Supply Chain
  • Ms. Mary ErginsoyVP & Chief Accounting Officer · b. 1984
  • Mr. Hans Van AntwerpenSVP & CTO
  • Mr. Zachary FreedmanHead of Investor Relations
  • Ms. Lisan HungSenior VP, General Counsel & Corporate Secretary · b. 1969
  • Mr. Sabbas A. DanielSenior VP of Quality & Sales · b. 1963

Financials

Income Statement

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.38B2.33B2.29B1.33B1.47B
Growth (%)-+68.65%-1.72%-41.92%+10.72%
Cost of Revenue827.63M1.36B1.23B701.25M785.98M
Gross Profit554.42M974.60M1.06B629.14M687.00M
Gross Margin40.12%41.81%46.20%47.29%46.64%
Operating Expense338.59M523.95M596.96M538.69M522.35M
Operating Income215.83M450.64M461.43M90.45M164.66M
Operating Margin15.62%19.33%20.14%6.80%11.18%
EBITDA-520.26M596.69M210.45M289.98M
EBITDA Margin-22.32%26.05%15.82%19.69%
Net Income145.45M397.36M438.94M102.66M172.13M
Net Income Margin10.52%17.05%19.16%7.72%11.69%
R&D105.53M168.85M227.34M201.31M189.07M
R&D as % of Total Revenue7.64%7.24%9.92%15.13%12.84%
Interest Expense45.15M9.44M8.84M8.90M4.52M
Interest Expense % of Total Revenue3.27%0.40%0.39%0.67%0.31%

Balance Sheet

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets2.08B3.08B3.38B3.25B3.51B
Total Liabilities1.65B2.26B2.40B2.42B2.42B
Total Equity430.17M825.57M983.62M833.02M1.09B
Cash119.32M473.24M288.75M369.11M474.32M
Net Debt918.33M817.11M1.00B933.27M730.06M

Cash Flow

Currency: USD2021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow352.03M744.82M696.78M513.69M136.54M
Financing Cash Flow309.41M-17.13M-516.77M-460.27M-241.62M
Capital Expenditure52.51M46.44M110.40M33.60M40.64M
Free Cash Flow299.52M698.37M586.38M480.09M95.90M
FCF to OCF85.08%93.76%84.16%93.46%70.24%

Earnings

Report DateJun 30, 2019Sep 30, 2019Dec 31, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Apr 28, 2026Jul 28, 2026Oct 27, 2026
EPS Estimate---------------------------0.450.460.50
EPS Actual0.070.210.790.45-0.340.240.420.180.230.130.330.330.510.791.040.951.010.740.14-0.110.070.300.420.210.240.430.25-0.050.23-
Surprise----------------------------110.71%-49.74%-
Timing---------------------------After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.94B
Enterprise Value3.51B
Trailing P/E33.46
Forward P/E14.71
PEG Ratio0.74
Price / Sales2.95
Price / Book3.80
EPS0.89
Book Value7.95
Revenue (TTM)1.33B
Gross Profit (TTM)399.04M
EBITDA191.79M
Profit Margin10.09%
Operating Margin17.98%
Return on Equity13.00%
Return on Assets2.38%
Shares Outstanding132.14M
Shares Float128.14M
Beta1.64
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%